Tag: Roboforex

Nov 19
EURUSD strengthens amid US commercial property issues

The EURUSD rate falls after rising for two consecutive trading sessions. More details in our analysis for 19 November 2024. EURUSD forecast: key trading points The likelihood of a December Federal Reserve rate cut has decreased to 58% from 65% a week ago The share of overdue commercial property loans in the US exceeded 1% […]

Nov 18
GBPUSD: the pound continues to lose ground against the US dollar

The news environment worsens the situation, with the pound falling against the US dollar. Find out more in our analysis for 18 November 2024. GBPUSD forecast: key trading points The Rightmove UK House Price Index (y/y): previously at 1.0%, currently at 1.2% NIESR UK monthly GDP tracker: previously at 0.2% GBPUSD forecast for 18 November […]

Nov 18
EURUSD remains subdued: the market continues to favour the US dollar

The EURUSD pair starts the week quietly, with the US dollar maintaining its strength. Find out more in our analysis for 18 November 2024. EURUSD forecast: key trading points The EURUSD pair opened the week on a stable note All market sympathies are with the US dollar as investors expect reduced activity from the Federal […]

Nov 18
US 500 analysis: correction continues, but it is too early for a trend reversal

The US 500 stock index declined by 2.85%, but the overall trend remains upward. Find out more in our US 500 price forecast and analysis for next week, 25-29 November 2024. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in October Economic indicators: this measure tracks the output of […]

Nov 18
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 18-22 November 2024

Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 18-22 November 2024. EURUSD forecast The EURUSD pair has formed a broad consolidation range around 1.0800. Breaking below this range, it completed a move to 1.0495. The market continues to develop a downward movement towards 1.0400, […]

Nov 18
Gold (XAUUSD) reverses upwards, securing above 2,550 USD

XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation data aligned with forecasts Current trend: correcting within an uptrend XAUUSD […]

Nov 18
USDJPY: Japan’s decline in machinery orders adds to pressure on the yen

The USDJPY rate is rising after rebounding from the 153.90 support level. Discover more in our analysis for 18 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda indicated a potential rate hike but provided no specifics Jerome Powell reaffirmed that no interest rate cut is expected in the near term Markets continue […]

Nov 15
NZDUSD stabilised after another collapse

The NZDUSD pair paused its decline, with the Kiwi under pressure from the strong US dollar. Find out more in our analysis for 15 November 2024. NZDUSD forecast: key trading points The NZDUSD pair has temporarily halted its decline The instrument is hovering near an annual low, and the outlook remains negative NZDUSD forecast for […]

Nov 15
US 30 analysis: the growth rate has slowed, but the uptrend remains strong

The US 30 stock index corrected by 2.30% after reaching an all-time high. However, it is too early to consider a trend reversal. Discover more in our US 30 price forecast and analysis for next week, 18-22 November 2024. US 30 forecast: key trading points Recent data: the Producer Price Index (PPI) was 2.4% year-on-year […]

Nov 15
USDJPY develops a rally: the yen is again a victim of market developments

The USDJPY pair continues its ascent as investors assess Japan’s GDP data. Discover more in our analysis for 15 November 2024. USDJPY forecast: key trading points The USDJPY pair moves in line with the rally Investors assess the latest Japanese GDP statistics USDJPY forecast for 15 November 2024: 157.15 Fundamental analysis The USDJPY rate surged […]